London Stock Exchange Group Eyes $3.5 Billion Octus Acquisition

London Stock Exchange Group is in talks to acquire New York-based financial data provider Octus for $3.5 billion.

The London Stock Exchange Group is in discussions to acquire Octus, a New York-based financial data provider specializing in sub-investment grade credit intelligence. The potential deal is valued at $3.5 billion and involves negotiations with Octus and its London-based private equity partner, Permira.

Founded in 2013, Octus serves more than 44,000 global subscribers by providing credit news, data, and workflow tools. The company expanded its technological offerings in 2023 with the launch of its CreditAi platform.

Reported across 7 outlets

finanzen.ch finchannel.com dailymail.com bloomberg.com seekingalpha.com rttnews.com aol.com

Actors

London Stock Exchange GroupPermira Credit Limited

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